Voloridge Investment Management Adds $74M in Devon Energy Corporation ($DVN)
Key Points
- Voloridge Investment Management changed its Devon Energy Corporation ($DVN) stake by 13878.2% last quarter, boosting to 1,649,143 shares worth $74.72 million.
- Wall Street's consensus rating on $DVN is Strong Buy and an average price target of $61.19.
- $DVN last traded around $45.31.
Voloridge Investment Management increased its position in Devon Energy Corporation ($DVN) by 13878.2% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,649,143 shares of Devon Energy Corporation after buying 1,637,345 shares during the quarter. Voloridge Investment Management's holdings in Devon Energy Corporation were worth $74.72 million as of its most recent filing.
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About Devon Energy Corporation
Devon Energy Corporation, an independent energy company, engages in the exploration, development, and production of oil, natural gas, and natural gas liquids in the United States. The company operates in Delaware Basin located in southeast New Mexico and west Texas, Eagle Ford located in North America, Anadarko Basin located in western Oklahoma, Williston Basin located in North Dakota, and Powder River Basin located in Wyoming. Devon Energy Corporation was founded in 1971 and is headquartered in Houston, Texas.
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